Omaha Real Estate

Dreaming of a Luxury Home? Now’s the Time!

 

Dreaming of a Luxury Home? Now's the Time! | MyKCM

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control.

The inventory of Omaha homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer or can be found at a discount.

Those who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call their house their new home.

The sale of your starter or trade-up house will help you come up with a larger down payment for your new luxury home. Even a 5% down payment on a million-dollar home is $50,000.

But not all who are buying luxury properties have a home to sell first.

A recent Bloomberg article gave some insight into what many millennials are choosing to do:

“A new generation of affluent homebuyers powered by a surge in inherited wealth is driving the luxury-home market, demanding larger spaces and fancier finishes, according to a report heralding ‘the rise of the new aristocracy.’”

Bottom Line

The best time to sell anything is when demand is high, and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs and you are looking to step into a luxury home, now’s the time to list your Omaha house for sale and make your dreams come true.

 

Dreaming of a Luxury Home? Now’s the Time!
share
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home… more
7 Factors to Consider When Choosing A Home to Retire In
share
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home… more
NEW LISTING! Omaha Home for Sale in Eagle Point
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. This stunning home boasts a lot and it’s a must see. Discover the beautiful kitchen with granite counter tops and new stainless steel appliances. Beside the kitchen… more
A New Housing Bubble Forming…Not Before 2024!
share
A recent report by CoreLogic revealed that U. S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” like the one we experienced… more
Competition is Coming, Are You Thinking of Selling Your Home?
share
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U. S. Census Bureau and U. S. Department of Housing & Urban… more
NEW LISTING! Papillion Home for Sale in Eagle View
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. This unbelievably amazing home has been PRE-INSPECTED and is waiting for you. The beautiful kitchen has gorgeous hardwood floors, a backsplash, stainless steel… more
NEW LISTING! Omaha Home for Sale in Wycliffe
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. New Listing! This home has a beautiful kitchen with gorgeous flooring. Big windows bring natural light in and the cathedral ceilings complete the look by providing… more
NEW LISTING! Split Entry Home for Sale in La Vista
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. Step inside and see for yourself this amazing well-maintained home across from La Vista West Elementary and walking distance to the community center and three parks… more
80% of Renters Believe Homeownership is a Part of Their American Dream
share
According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream… more
2 Ways to Get the Most Money from The Sale of Your Home
share
Every homeowner wants to make sure they maximize their financial reward when selling their Omaha home But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price… more